Benefits Accountant

Position Title:Benefits Accountant

Business Unit:Finance

Reports to:Manager of Compensation and Benefits Accounting

Position Overview:

This position is primarily responsible for preparing various financial reports, reviewing and analyzing financial data, performing accounting duties, participating in various special projects, assisting in the preparation of budget figures and providing data relative to the corporation's employee benefits and equity compensation programs.

Primary Responsibilities:

Conducts the accounting and financial reporting of the corporation's various employee benefit programs. Compiles and analyzes financial information to calculate budget and accrual amounts for company provided benefits and to elevate unusual results or trends to the attention of management.Prepares various financial reports accurately and timely for presentation to senior managers.

Prepares and/or reviews monthly account reconciliations for all benefit related general ledger accounts.Verifies the calculation of monthly premium statements for all group insurance policies and maintains statistical data relative to premiums, claims and costs.

Coordinates preparation and filing of government PBGC reports for the pension plan, as well as the annual Form 5500 filings for the pension, 401(k) and welfare plans. Compiles data and coordinates completion of 401(k) non-discrimination testing.Coordinates the external employee benefit plan audits for the pension and 401(k) plans.

Assists with the administration of restricted stock awards.Responsible for accurate accounting of all outstanding awards, grants, forfeitures and vesting.Acts as subject matter expert to coordinate the activities between payroll, benefits accounting, compensation and equity vendor for grants and vesting.

Assists with the administration of stock option awards.Responsible for accurate recordkeeping of all outstanding awards, forfeitures and expirations.Verifies the calculation of taxable income and notifies appropriate internal parties of exercises.

Conducts timely and accurate accounting of restricted stock awards.Compiles data needed by the Finance department for the quarterly financial statement disclosure to the SEC.Recommends changes to related policies and procedures as accounting rules change and updates are needed.

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

BA or BS

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

5

Skills Required to Perform the Primary Responsibilities of this Position:

Excellent project management skills

Excellent organizational, analytical and interpersonal skills

Ability to work and multi-task in a fast paced environment

Detail-oriented

Ability to use a personal computer and job-related software

MS Word - Basic Level

MS Excel - Expert Level

MS PowerPoint - Basic Level

Knowledge of general ledger and HRIS systems, benefits, compensation and payroll functions and bank regulations concerning benefit accounting functions

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

CPA preferred

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A

Equal Employment Opportunity (EEO):

It is the policy of FNB not to discriminate against any employee or applicant for employment because of his or her race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or status as a protected veteran. FNB provides all applicants and employees a discrimination and harassment free workplace.